Chris Wang on Reuters TV: Investors look through COVID wave

On Friday afternoon, I had the pleasure of returning to Reuters TV to have a quick conversation with anchor Fred Katayama (@Freddiethekat). We discuss the surprising drop in consumer sentiment and why investors appear to be looking through the current Delta COVID wave. Corporate earnings remain extremely strong and with vaccination rates high in the US, this COVID wave should be shorter lived.

By |August 13th, 2021|investing|0 Comments

Don’t Fear the Delta Variant

Over the weekend, news headlines focused on rising COVID case counts and fear over the impact of the Delta variant. While we may be headed for a 3rd wave here in the US, don't fear the Delta variant, especially if you are vaccinated.

By |July 19th, 2021|investing|0 Comments

The Tidal Wave of Retail Spending Has Begun

For much of 2020, we were locked in our homes and have been waiting for life to return to normal. Thanks to government transfer payments, even those who lost their jobs saved money. According to the New York Times, in 2020, personal income increased by over $1 trillion and spending decreased by over $530 million. This means that American consumers are sitting on a $1.5 trillion war chest that is ready to be unleashed in

By |February 18th, 2021|investing|0 Comments

Is Your Portfolio Ready for the Great Re-Opening?

It was a year ago when COVID fears rocked the financial markets and pushed economies into lockdown. While all of us had hoped that it would end in short order, we still find ourselves socially distanced and are just passing the peak of the 2nd wave. The good news is that cases are falling quickly and vaccinations are on the rise. With the Great Re-Opening coming, we will be ready to emerge from our homes

By |February 17th, 2021|investing|0 Comments

Wall Street strategists expecting strong market ahead in 2021

This is one of my favorite posts to write every year as we get to look back on Wall Street predictions and see how they panned out. We have done this in 2014, 2015, 2016, 2017, 2018, 2019, and 2020 so it is a tradition to see which strategists did well and which missed the mark. Last year, the strategists predicted a slight up year market for 2020 with an average target of +1.6%, 3283, for

By |January 3rd, 2021|investing|0 Comments

Is the stock market predicting a Biden victory?

Earlier this week, we said that the market may be predicting another Trump upset, but another indicator is predicting our incumbent president's loss. The “Presidential Predictor,” popularized by Sam Stovall, CFRA's chief investment strategist, tracks the S&P 500 performance from July 31 to October 31. Going back to 1944, it has found that a positive move over that period usually translates to an incumbent victory, while a negative move translates to a loss. 

By |October 30th, 2020|investing|0 Comments
Go to Top